Shadow chancellor to address Tory conference as he claims slashing red tape could cut cost of new houses by £50,000 – UK politics live
Summary
The UK Conservative Party’s shadow chancellor, Andrew Griffith, presented a detailed plan to reduce regulations and cut costs in housebuilding and other areas. The plan includes removing certain environmental agencies and laws, aiming to lower new home prices by up to £50,000 while promoting infrastructure projects like a third runway at Heathrow.Key Facts
- Andrew Griffith published a nearly 5,000-word plan outlining Conservative policies.
- The proposal includes scrapping the Environment Agency and Natural England, two environmental bodies.
- The plan suggests removing net zero climate rules and some planning laws that increase building costs.
- It aims to eliminate the Extended Producer Responsibility law, which holds producers responsible for waste costs.
- The Conservatives want to leave the Aarhus convention, an international environmental treaty about public access to information.
- Plans include speeding up nuclear power station construction and simplifying the tax system.
- The party claims these changes could lower the price of new homes by £50,000.
- Labour criticized the plan, questioning the credibility of those involved, while Reform UK said the Conservatives copied their policies.
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